If you don't want all of the headaches associated with starting a small business, consider buying a small business. There are many advantages to do this. You'll have established customers, and importantly a steady cash flow. You can sleep better at night knowing that cash will be coming into your business.
The downside of buying a business is you will need an enormous upfront capital. Good businesses don't sell for a cheap price. Also, you'll need to involve a lot of professionals. There will be legal fees, accounting fees, and potentially consulting fees, that will cause a burden on your wallet. It's important to have somebody by your side who has already bought a business. They can show you what to do, what not to do, and how to spot a great business. If done right, buying a business can be a great option.

If you enjoyed Buy a Small Business , get a complimentary subscription to our freshest articles through email or through your feed reader.